Cigarette and consumer goods maker ITC Ltd has bought all the shares allotted to it in the rights offer by EIH Ltd, the company that runs hotels under the Oberoi and Trident brands, undeterred by its promoters' stake sale to Reliance Industries Ltd (RIL) last year to fend off a potential takeover bid.
With an aim to spread awareness about wines, Courtyard by Marriott, Chennai has recently introduced 'Wine Flight' concept at its Italian restaurant 'Rhapsody'. In Rhapsody, the concept is being offered to diners, where they will be able to sample an assortment of three different wines (two red and one white wine).
After establishing itself in the real estate marketing business, Mumbai─based Disha Direct has ventured into hospitality sector with the launch of Greenarth Leisure Pvt Ltd (GLPL). Disha Direct has plans to develop 30 resorts in Maharashtra in next five years under GLPL.